Success begets success -- and boy, is Tesla (NASDAQ: TSLA) ever begetting it! Last week, Tesla stock roared ahead after the electric-car giant reported 57% improvement in sales, 73% more deliveries, and adjusted earnings per share up 145% year over year. Since Tesla reported earnings last week, its stock has gained nearly 25% in market cap.
U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth will come from in the months ahead as EV growth slows. The slowdown in global electric-vehicle demand, intensifying competition from Chinese automakers and high U.S. borrowing costs have forced the U.S. automakers to delay investments and ratchet down costs over the past 12 months. With China's economy slowing and U.S. inflation running hot, a macroeconomic growth boost looks a long way off.
Actor Leonardo DiCaprio posted about the campaign on social media.
U.S. House Speaker Mike Johnson looks set to push forward this weekend on a $95 billion aid bill for Kyiv, Israel and other allies, despite a firestorm of protest from hardline Republicans that could lead to an attempt to oust him. His performance, six months after the 52-year-old Louisiana Republican acquired the speaker's gavel, has won him accolades from centrist Republicans who worry that party infighting could erode U.S. status on the world stage. Johnson was elected speaker after a small band of hardline Republicans ousted his predecessor, Kevin McCarthy, a move that brought the House of Representatives to a halt for weeks.
It was hardly unexpected, but Israel's missile strike on Iran on Friday confirms fears of a dangerous series of tit-for-tat retaliation ahead between the Middle East powers that is likely to seed weeks of uncertainty for world markets too. Against that backdrop, the reaction of oil prices, global stocks and traditional safety trades so far on Friday has been relatively modest.
An Aldi steak and gravy pie had a British flag on its packaging but was made with meat from the EU, Which? found.
It was like a human field of tulips, and Yvette Walker loved it.
The United Auto Workers is counting on scoring a seismic victory at Volkswagen's Tennessee plant as unionization votes are tallied on Friday - one that opens up the anti-union U.S. South to organized labor. A win would make the Chattanooga factory the first auto plant in the South to unionize via election since the 1940s and the first foreign-owned auto plant in the South to do so. It would also be a huge shot in the arm for UAW President Shawn Fain's campaign to unionize plants owned by more than a dozen automakers across the U.S., including Tesla.
This morning T.A. Walker is Shining A Light on the battle against lethal cane toads threatening our furry friends and giving you tips on what to look for to protect your pet.
Mr Johnson is reported to have met President Maduro alongside Merlyn Advisors co-founder Maarten Petermann in February.
Director Sam Mendes and writer Jez Butterworth, who won the Oliver Award for best play with "The Ferryman," discuss their latest West End tale, "The Hills of California." The play, about four sisters, runs at London's Harold Pinter Theatre through June 15. (April 19)
Thames Water could be effectively nationalised if it goes bust, according to reports in the Guardian newspaper.
Fans think Taylor Swift's new song "The Alchemy" is about Travis Kelce—and the lyrics speak for themselves.
With superproducer Andrew Watt working his magic, the Seattle grunge veterans sound on point and full of energy in their 35th anniversary year
The Oscar-winner and the Nobel laureate have teamed up to make Bread & Roses, a new film about the abuse of women in Afghanistan. In an emotional interview, they warn that the west ignores its message at their peril
Mairi McAllan confirmed the Scottish Government will not meet the goal.
Several tornadoes touched down in Ohio, USA, on Wednesday. With peak winds of 110mph, the severe storm downed trees and power lines, and caused extensive damage to homes. The National Weather Service confirmed that at least five tornadoes touched down in several counties. Fortunately, no casualties or injuries have been reported.
Tesla's growth story was about leading the paradigm shift to EVs, and an affordable car was a part of that story. Now without it, the narrative has changed.
These Fort Worth-area boys basketball players received awards for the 2023-2024 season.
“Nostalgia,” Agnes Arnold-Foster tells us – echoing a graffito reported near the refectory at Middlesex Polytechnic in 1974 – “isn’t what it used to be.” From “the Swiss Alps in the 17th century... to the election campaigns of Donald Trump”, she traces startling transmogrifications in her story of how scientists, scholars and self-interested manipulators have used and abused the word.
Katie Price has admitted she worried she was being struck down with Alzheimer's disease or dementia after suffering a number of worrying symptoms including memory loss.
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